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Golconda Gold Ltd GG


Primary Symbol: V.GG Alternate Symbol(s):  GGGOF

Golconda Gold Ltd. is a Canada-based un-hedged gold producer and explorer with mining operations and exploration tenements in South Africa and New Mexico. The Company operates through its wholly owned subsidiary, Galane Gold Mines Ltd., two assets: a producing gold mine which also has the rights to certain mineral exploration tenements (the mine and mineral exploration tenements collectively, the Galaxy Property) located in the Republic of South Africa (South Africa) through subsidiaries located in South Africa, and a gold and silver mine and processing infrastructure located in the United States of America (the Summit Property) that is in care and maintenance. The Galaxy gold is situated approximately eight kilometers (km) west of the town of Barberton and 45 km west of the provincial capital of Nelspruit in the Mpumalanga Province of South Africa. The property covers approximately 58.6 square kilometers (km2) is part of the prolific Barberton Greenstone Belt.


TSXV:GG - Post by User

Bullboard Posts
Post by gegoldenboyon Oct 02, 2006 9:59pm
253 Views
Post# 11452137

Institutions Win; Little Guy Loses

Institutions Win; Little Guy LosesWith 8 investment banks involved; much higher than usual NY volumes; Telfer selling in May/June; it now appears that the big boys may have been consulted on the match. Institutions can only hold so much of any stock so why not buy the overvalued GLG which G wants so badly and sell your G? McEwen would not hurt us like this. Send your letter of support in!
Bullboard Posts